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China’s industrial profits grow for fourth straight month in August, pressure remains as inventories, receivables rise


Profits made by China’s industrial companies increased grew for the fourth consecutive month in August, in part driven by a rebound in commodities prices and pick-up in equipment manufacturing.

China's sizeable industrial enterprise made a total of 612.8 billion yuan of profits last month, rising 19.1 per cent from a year earlier, showed data released by the National Bureau of Statistics (NBS) on Sunday.

That compares with a 19.6 . . .

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